Quicknote: RBA unlikely to signal panic ahead of potential Fed Pivot
www.peteresho.com
There's no doubt that last week's inflation numbers were bad and will worry the RBA. But we don't think they're enough to change course from a 25bpts rise to a 50bpts rise. A full 50bpts move will signal panic and that's something no central bank wants in the current climate.
Quicknote: RBA unlikely to signal panic ahead of potential Fed Pivot
Quicknote: RBA unlikely to signal panic ahead…
Quicknote: RBA unlikely to signal panic ahead of potential Fed Pivot
There's no doubt that last week's inflation numbers were bad and will worry the RBA. But we don't think they're enough to change course from a 25bpts rise to a 50bpts rise. A full 50bpts move will signal panic and that's something no central bank wants in the current climate.